Morning Musings
10minutebiztools

WHY MORNING MUSINGS?

Wake up with new ideas. What happened yesterday is History. Today  create History.

Morning Musings: Lot of support from Government for Startups
How to approach and evaluate

You can seek the help of  your mentor

You can get connected with those who have  availed the support already

Join the appropriate online forums and post your questions 

Seek clarifications directly from the officials

Morning Musings: Innovative Technology Ideas
Apply for accelerators

If accepted you build a strong network and get support in funding and marketing your idea

Morning Musings - Technology has become an enabler for Startups

Most of our day to day life is intertwined with use of technology. Even your startup is not tech. driven if you do not use technology you may loose competitive advantage.

Study competition and consult your mentors.

Morning Musings - Why attend seminars in your business related areas ?

  • It helps in networking
  • You can come across experts who can probably be part of your advisory board
  • Who Knows you can locate a potential partner/ customer

It is worth investing time at least once a month

Morning Musings - Why Value Addition ?

Value addition in product/ service offering can give a competitive advantage. Helps in enhancing customer experience and retention.

Picking up car for service and delivering

Adding a feature without additional cost

Extended warranty

Morning Musings - 3D Technology a low cost startup Option

3D Technology provides a low cost option for your startup dreams !

 3D  Printed Jewelry could be an option and combined it with an online store

Morning Musings  - Everyone is not your customer

The aspiring startup entrepreneur should have a target audience. otherwise precious cash will be consumed if you try to market to everyone. world is the oyster may not apply to your product/service

Morning Musings  - Digital Marketing Dilemma

Selecting the right  channel is critical. Plenty of expertise available in the entrepreneurial network. Save time and cost by seeking help as digital marketing has moved from like to have it to should have it.

Morning Musings - Crowd Funding for Startups

Developing Prototype and Product testing may require funds.(SEED FUNDS).Getting seed funding may be difficult as proof of concept is not available.

Is crowd funding a viable option for a startup?

Morning Musings- Domain Knowledge KEY

Domain knowledge is important for an aspiring startup entrepreneur.

Restaurant Startup: Passion for cooking is an asset

Tech. Startups are usually by domain Specialist

Content writers/ Webinars are conducted by acknowledged experts

  Morning Musings-RIGHT MIND SET CRITICAL

 Aspiring startups:Having a right mindset is critical for traversing the entrepreneurial journey. Find out what is the right mindset before jumping into the pool.

Morning Musings-Managing Stress

The Journey of a Solopreneur is lonely. You will face tough times. Build enough support system which will help you to manage the STRESS

How can I succeed with my idea when similar established products are already in the market?

I hear most of the startup ideas are based on existing products/ service in the market.How can I compete?

Read the story of Karsnabhai Patel of NIRMA fame who started from home but ultimately became a threat to established MNC- Hindustan Lever.

You can can create your own niche through service /price/ speed of response. 

Technology has enabled new opportunities for a startup which solves society's problem. Low cost and lean startup is a boon.

Are YOU READY?